"AUDUSD broke an important Support Zone" by ThinkingAntsOk
Daily Chart Explanation:
- Price was on a lateralization since May 15'.
- Price broke the ex Support Zone at 0.78.
- Also, it is on a Descending Channel.
- If price starts its down move, it has potential to move down towards the next Support Zone at 0,634.
- We are looking for sell setups on lower timeframes.
Check out our Weekly Analysis.
Weekly Vision:
Updates coming soon!
- Price was on a lateralization since May 15'.
- Price broke the ex Support Zone at 0.78.
- Also, it is on a Descending Channel.
- If price starts its down move, it has potential to move down towards the next Support Zone at 0,634.
- We are looking for sell setups on lower timeframes.
Check out our Weekly Analysis.
Weekly Vision:
Updates coming soon!